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20121101
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title game. they're heavily favored. >> so i go away on vacation, i'm in napa, california. come back, boom, twinkies gone. i can tell you this, there's a chance they will not be extinct after all. analysts say well-known companies are expressing interest in hostess products including pepperidge farm and the company that makes tasty cakes. there's also a potential buyer out of mexico called bimbo bakeries. >> do not go on vacation again. >> i'm sorry. the chocolate cup cakes? delicious. anyway, clock, ticking on the american economy year-end fiscal cliff we've been talking about for awhile here. a challenge, president obama mentioned on his pan asian tour just this week. >> i'm confident that we can get our fiscal situation dealt with. and i think it's important to recognize that yeah democracy is a little messier than alternative systems of government. but that's because democracy allows everybody to have a voice. >> mayors across the country are urging washington to get it back to the before it's too late. they're gathering in washington, d.c. to lay out the issues their cities will
nominated yet. >> keep that in mind. >> adam schiff is a democrat from california and a senior member on the house intelligence committee. we'll get to susan rice. but i want to start with the fiscal cliff. 15 days before christmas break. it's time to go to woncht politico reporting the parameters of a deal here. in the wall street journal it says the president may have flexibility on the issue of the tax rate increase. president barack obama signalled he wouldn't insist tax rates on upper income americans rise to clinton era peaks as part of the deal. the white house's flexibility first described by erskine bowles after meetings with mr. obama and others confirmed by administration officials could envision tax rates increasing from current levels to less than clinton era levels. so 37, 38%, is that enough for you? >> i would like to see the bush tax cuts for the upper income go away completely. with many people, myself included we don't want to negotiate against ourselves at the moment. there is going to have to be give and take. this will be a compromise. neither party can do it alo
were a spontaneous reaction to an anti-islamic video. >>> four men from southern california are charged in an alleged terror plot to kill americans and destroy u.s. targets overseas. they were arrested after the fbi uncovered their plans to engage in, quote, violent jihad. authorities say the four plan to join and train with al qaeda and the taliban in afghanistan. indiana police now believe an explosion that leveled several homes was no accident. they've opened up a homicide investigation. two people were killed and seven others injured in the november 10th explosion at the richmond hills subdivision. texts are now searching for a white van that was spotted in the neighborhood shortly before the blast. >>> republican congressman allen west has conceded defeat to democratic challenger patrick murphy. that's in the race for florida's 18th congressional district. west who is a tea party favorite released a statement this morning saying quote, while any questions remain unanswered today i am announcing that i will take no further action to contest the outcome of this election. final result
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